Home24 Raises €20M in Funding

home24Home24 AG, a Berlin, Germany-based home & living online retailer, €20m in funding.

Backers in the round, which valued the company at €420m (post-money), included Rocket Internet (€1.4m investment with post transaction ownership at 42.9% from previously 44.6%), Baillie Gifford and other investors.

The company will use the funds to continue to improve the customer experience as well as its logistics network and technology platform.

Ledd by Philipp Kreibohm, founder, Home24 is a home and living online retailer offering furniture in Germany, Austria, Switzerland, Italy, Brazil, Belgium and France.



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